48 Mountaingate Rd #0
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2002 | Sold | ||
| Sold | |||
| Jun 29, 2002 | Listed by Coldwell Banker Realty - Framingham | $249,900 | |
| Listed by Coldwell Banker Realty - Framingham | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/17/2005
|
2 Bed
|
1 Bath
|
1316 ft²
|
$279,900
2 Bed
1 Bath
1316 ft²
|
$270,000
-3.54%
02/24/2006
|
Kathy Foran
Realty Executives Boston West
| |
|
03/31/2004
|
2 Bed
|
2 Bath
|
1316 ft²
|
$274,900
2 Bed
2 Bath
1316 ft²
|
$272,400
-0.91%
06/18/2004
|
Edward Hughes
Board and Park, LLC
| |
|
06/29/2002
| |
2 Bed
|
2 Bath
|
1230 ft²
|
$249,900
2 Bed
2 Bath
1230 ft²
|
$249,000
-0.36%
08/27/2002
|
Diane Sullivan
Coldwell Banker Realty - Framingham
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017